Tradeweb Markets (TW) Receivables - Net (2018 - 2026)
Tradeweb Markets' Receivables - Net came in at $309.37 million for Q2 2026, up 16.8% from $264.83 million a year earlier but down 11.9% from the prior quarter.
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Analysis
Tradeweb Markets (TW) Receivables - Net (2018 - 2026) Analysis & Trends
At the end of FY2025, Tradeweb Markets' Receivables - Net was $257.85 million, up 16.0% from FY2024.
- Receivables - Net has increased in each of the last seven years, with a five-year compound annual growth rate of 19.6% (FY2020 to FY2025).
- Going back by year, Receivables - Net was $222.27 million in FY2024 (+32.0%), $168.41 million in FY2023 (+18.0%), $142.68 million in FY2022 (+9.8%) and $129.94 million in FY2021 (+23.4%).
- The five-year range for quarterly Receivables - Net is $129.94 million (Q4 2021) to $351.01 million (Q1 2026).
- Year-over-year, Receivables - Net has increased for 27 consecutive quarters, with growth averaging 25.8% over the last eight quarters.
- Over the past five years, the year-over-year growth in Receivables - Net ranged from 3.8% (Q1 2023) to 48.8% (Q3 2024).
- Business Quant data shows TW's Receivables - Net at $351.01 million (Q1 2026), $257.85 million (Q4 2025) and $271.24 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Robinhood Markets | 104.70 Bn | 85.79 Bn | - |
| 2 | Bank of New York Mellon | 100.72 Bn | 40.09 Bn | - |
| 3 | Cme | 94.58 Bn | 94.58 Bn | - |
| 4 | Intercontinental Exchange | 85.83 Bn | 79.63 Bn | - |
| 5 | Nasdaq | 52.05 Bn | 49.49 Bn | 1.50 Bn |
| 6 | State Street | 49.39 Bn | 49.39 Bn | - |
| 7 | Interactive Brokers | 39.24 Bn | 32.69 Bn | - |
| 8 | Northern Trust | 31.94 Bn | 31.94 Bn | - |
| 9 | Cboe Global Markets | 26.47 Bn | 18.13 Bn | 731.60 Mn |
| 10 | Tradeweb Markets | 23.59 Bn | 16.31 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 309.37 Mn |
| Mar 31, 2026 | 351.01 Mn |
| Dec 31, 2025 | 257.85 Mn |
| Sep 30, 2025 | 271.24 Mn |
| Jun 30, 2025 | 264.83 Mn |
| Mar 31, 2025 | 271.51 Mn |
| Dec 31, 2024 | 222.27 Mn |
| Sep 30, 2024 | 248.62 Mn |
| Jun 30, 2024 | 233.08 Mn |
| Mar 31, 2024 | 192.60 Mn |
| Dec 31, 2023 | 168.41 Mn |
| Sep 30, 2023 | 167.04 Mn |
| Jun 30, 2023 | 163.22 Mn |
| Mar 31, 2023 | 171.24 Mn |
| Dec 31, 2022 | 142.68 Mn |
| Sep 30, 2022 | 150.20 Mn |
| Jun 30, 2022 | 155.43 Mn |
| Mar 31, 2022 | 164.97 Mn |
| Dec 31, 2021 | 129.94 Mn |
| Sep 30, 2021 | 133.35 Mn |
API Access
Tradeweb Markets Receivables - Net API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=receivables-net&ticker=TW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "receivables-net", "ticker": "TW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=receivables-net&ticker=TW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();